Highlights Strong prices, demand pull more Atlantic cargoes to Asia More eastward voyages around Cape of Good Hope also seen The Panama Canal Authority is monitoring for high arrivals of Continue Reading
U.S. lawmakers introduced a bill on Friday to limit exemptions offered to refiners on blending biofuels after sources said the Environmental Protection Agency chief voiced disapproval about a Supreme Court Continue Reading
The Biden administration could face pressure to block Russia’s Nord Stream 2 natural gas pipeline after a House of Representatives panel this week passed an amendment seeking to repeal the Continue Reading
The pace of U.S. hiring accelerated in June, with payrolls increasing by the most in 10 months, suggesting firms are having the greater success recruiting workers to keep pace with Continue Reading
Skyrocketing crude oil prices have prompted cash-strapped U.S. refiners to look for alternative ways to maximize gasoline production during the peak of the summer driving season. The fuel-makers are buying Continue Reading
The U.S. labor market recovery is accelerating after a spring lull. Employers added 850,000 jobs in June—the biggest gain in 10 months—and workers’ wages rose briskly, the government said Friday, both signs Continue Reading
The number of oil and gas rigs in the United States is up 5 this week, according to Baker Hughes , with the total rig count holding fast at 475, Continue Reading
The U.S. oil market is tightening as commercial crude inventories are declining at a fast clip and driving wider time spreads in the WTI Crude futures curve. The curve is Continue Reading
A US appeals court July 2 vacated the Environmental Protection Agency’s approval of year-round E15 fuel sales, rejecting the regulatory process it took to fulfill former President Donald Trump’s October Continue Reading
Royal Dutch Shell (RDSa.L) on Friday launched Europe’s biggest hydrogen electrolysis plant at the Wesseling site of its Rheinland refinery after two years of construction, as it expands further into Continue Reading
